InfraVia Raises $5.5bn for Fifth Infrastructure Fund

InfraVia Raises $5.5bn for Fifth Infrastructure Fund

French private equity firm InfraVia Capital Partners has raised $5.5bn from investors for a fifth infrastructure fund to target European digital, education and health businesses, and green energy investments. The fund was “significantly oversubscribed” and exceeded...
Uber’s Careem Seeks $500m From Abu Dhabi and Saudi Funds

Uber’s Careem Seeks $500m From Abu Dhabi and Saudi Funds

Uber Technologies’s Middle Eastern subsidiary is looking to raise as much as $500m from investors including regional sovereign wealth funds to help bankroll an expansion into services beyond ride-hailing, people familiar with the matter said. Dubai-based Careem has...
Ardian launches Real Estate Debt strategy

Ardian launches Real Estate Debt strategy

Ardian, a world-leading private investment house, today announced the creation of a Real Estate Debt activity to manage funds and mandates related to finance pan-European real estate projects. Ardian Real Estate Debt will be managed by Arnaud Chaléac, as Head of...
Cerberus to take over bankrupt Hanjin shipyard for $300m

Cerberus to take over bankrupt Hanjin shipyard for $300m

US-based private equity firm Cerberus is set to buy the Philippines’ insolvent Hanjin Subic Bay shipyard in a $300m deal, reported Reuters. The shipyard is located at a former US navy base near to the South China Sea. Its strategic location is said to make it...